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  • Working Paper on Alternative Approaches to the Federal Budget
    Posted in HBC Publications on August 30, 2016 | Preview rr

    The Federal budget today is viewed principally on a cash basis that measures priorities mainly by how much Congress spends on them in the present. It does not contain a systematic means of applying measures of program and agency performance to budgetary decisions. It does not comprehensively evaluate the full range of policies employed to achieve national goals. It does not distinguish between spending for immediate consumption and spending with longer-term benefits. Its process begins by assumi... Read more

  • VIDEO: Chairman Price on Employer-Sponsored Insurance
    Posted in Press Releases on August 26, 2016 | Preview rr

    WASHINGTON, D.C. – Roughly sixty percent of Americans get their health insurance through their employer. This employer-sponsored insurance market currently enjoys an unlimited level of tax deductibility which incentivizes employers to spend more and more resources on health care coverage. This setup artificially distorts the broader health insurance market. As House Budget Committee Chairman Tom Price, M.D. (GA-06) describes it in today’s video release: “It increases the cost of health coverage ... Read more

  • VIDEO: Chairman Price on Innovation in Health Care
    Posted in Press Releases on August 24, 2016 | Preview rr

    WASHINGTON, D.C. – We all want an innovative health care system. Sadly, right now we have a system that is punishing the innovators – driving up their costs through taxation and regulation. As a result, it is that much harder for patients to have access to new drugs or treatments that would increase the quality of care in this country. To break down barriers, we need to choose a better way with policies that support the innovative spirit in this country. As House Budget Committee Chairman Tom Pr... Read more

  • VIDEO: Chairman Price on Medicaid
    Posted in Press Releases on August 23, 2016 | Preview rr

    WASHINGTON, D.C. – The Medicaid program was created to make sure that those in our communities who are less fortunate from an economic standpoint are able to have health coverage. The reality is that the current program is one where Washington is dictating to the states what they must do in providing care to their Medicaid populations. The result: Medicaid patients are discovering that having health coverage does not mean having access to actual health care as they struggle to find physicians ab... Read more

  • Budget Committee Releases Working Paper on Making Budget Enforcement More Effective
    Posted in Press Releases on August 23, 2016 | Preview rr

    WASHINGTON, D.C. – Today, the House Budget Committee released its fourth in a series of working papers focused on the Committee’s effort to overhaul the Congressional Budget Act of 1974 and reform the congressional budget process. The paper follows a hearing the Committee held on June 22nd that examined how Congress can more effectively enforce the budget. The working paper focuses on four main themes: The Importance of Budget Enforcement Pre-1974 Federal Budgeting Basic Flaws in Current Practic... Read more

  • Working Paper on Making Budget Enforcement More Effective
    Posted in HBC Publications on August 23, 2016 | Preview rr

    The need for sound enforcement of spending and revenue is inherent in the practice of budgeting. A budget lacking enforcement is not a budget at all, and this dilutes Congress’s constitutional “power of the purse.” The Congressional Budget Act of 1974 has several enforcement provisions, and Congress has adopted additional rules and statutes over the years to enforce budgetary goals. Most of these have failed, however, due to poor design or because they can easily be waived or circumvented. The r... Read more

  • Price Statement on CBO’s Budget & Economic Outlook Update
    Posted in Press Releases on August 23, 2016 | Preview rr

    WASHINGTON, D.C. – House Budget Committee Chairman Tom Price, M.D. (GA-06) issued the following statement today after the Congressional Budget Office (CBO) released An Update to the Budget and Economic Outlook: 2016 to 2026 showing rising annual deficits over the coming decade and lower economic growth than previously projected. CBO now projects a deficit of $590 billion, or 3.2 percent of GDP, in fiscal year 2016. This is $56 billion higher than the $534 billion deficit the agency projected in ... Read more

  • Price Statement on 20th Anniversary of 1996 Welfare Reforms
    Posted in Press Releases on August 22, 2016 | Preview rr

    WASHINGTON, D.C. – House Budget Committee Chairman Tom Price, M.D. (GA-06) issued the following statement today in recognition of the 20th anniversary of the signing of the 1996 welfare reforms: “The signing of welfare reform 20 years ago today was an impressive moment in our nation’s history. It enacted policies that have helped millions of Americans. It also showed that government could, in fact, learn from its mistakes and choose to pursue solutions that work over a status quo that was failin... Read more

  • VIDEO: Chairman Price on Medicare
    Posted in Press Releases on August 22, 2016 | Preview rr

    WASHINGTON, D.C. – Medicare is a promise that has been made to current and future seniors. It’s a promise that ought to be kept. Unfortunately, right now, it is a promise that is going broke. According to the Medicare trustees, the program’s hospital insurance trust fund will be insolvent in 2028. Doing nothing is not an option. The good news: we have other options. As House Budget Committee Chairman Tom Price, M.D. (GA-06) explains in today’s video release: “You can’t continue the current syste... Read more

  • VIDEO: Chairman Price on the Doctor-Patient Relationship
    Posted in Press Releases on August 19, 2016 | Preview rr

    WASHINGTON, D.C. – At the heart of our health care system is the doctor-patient relationship. It is that trusting relationship that drives quality care. When the federal government, however, decides to exert an ever greater level of influence over the practice of medicine – as we have seen under Obamacare – then the doctor-patient relationship is threatened and the quality of care is potentially compromised. As House Budget Committee Chairman Tom Price, M.D. (GA-06) – who spent over 20 years tak... Read more